IBERIABANK Expands New Orleans Team

IBERIABANK (http://www.iberiabank.com/ ), the 118-year-old subsidiary of IBERIABANK Corporation , is pleased to announce the naming of Louis Ballero as Senior Vice President / Commercial Relationship Manager in the Greater New Orleans area.

Ballero joins IBERIABANK from First Bank and Trust in New Orleans as Chief Commercial Lender. Prior to that position, he served as Vice President of Regional Banking for First National Bank of Commerce.

At IBERIABANK, he will be actively engaged in the continued development of the New Orleans franchise and responsible for growing commercial client relationships.

"Louis brings immense talent to our team," says Karl Hoefer, President. "As a veteran in the industry and a well respected professional throughout the New Orleans region, we are excited that he has chosen to join our company, and we are particularly excited about the experience and connectivity he brings from the hospitality industry."

Ballero is active in the community as a Board member of the Greater New Orleans Sports Foundation, Christian Brothers Foundation and Wally Pontiff, Jr. Foundation. He is a former Board member of the New Orleans Metropolitan Convention and Visitors Bureau, a member of the World Trade Center Business Committee and Lakeview Playground Board of Directors.

IBERIABANK Corporation is the second largest Louisiana-based bank holding company. IBERIABANK operates 22 branch offices in Acadiana, eight branch offices in the greater New Orleans area, 12 in the Monroe/Ruston region, one in Baton Rouge and one in downtown Shreveport. Total assets at September 30, 2005, were $2.8 billion. To learn more about IBERIABANK, visit us on the web at http://www.iberiabank.com/ .


CONTACT: Beth Ardoin, Director of Communications, +1-337-521-4701, or
Karl Hoefer, President, New Orleans, +1-504-310-7308, both of IBERIABANK